AUDJPY
Updated
TF: 8 HR
I think price is way overbought and due for a correction. Overall I think long-term AJ is bullish, however, I think if we see some selling then a nice corrective pullback will ensue. I entered a short as shown, might be a little premature but it looks like it should fall...
I think price is way overbought and due for a correction. Overall I think long-term AJ is bullish, however, I think if we see some selling then a nice corrective pullback will ensue. I entered a short as shown, might be a little premature but it looks like it should fall...
Note
15 TF view, if price rejects at the trend line than I may pull my position out.
Note
Looks like it fell out, we will have to see how it trades into tomorrow
Note
Nice drop, it'll be interesting if we see rejection and get more downside
Note
Looks like it will continue down
Note
Real nice
Note
Barely missed the TP, I closed it a bit ago a little bit up from the TP shown
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.